Brazil Iron bids for Bamin project
This is a Brazil news story, published by Yahoo Finance, that relates primarily to Bamin news.
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ERG subsidiary Bahia MineraçãoGlobalData
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World
Brazil Iron offers $1bn for ERG’s Bamin project in Brazil

81% Informative
Deal will include Bamin ’s iron ore mine project, a prospective deep-sea port and a rail link in north-east Brazil .
Deal could enable ERG to recover majority of its initial investment in the project.
Once fully operational, Bamin is expected to yield up to 26 million tonnes of iron ore annually .